It's interesting because of the low start up capital and potential for higher returns.

It sounds like you’re in a great position to succeed, given your extensive renovation expertise.As a fellow real estate investor, I completely understand how challenging it can be to choose the right design elements, especially when you want to make a space appealing to potential buyers.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Features a versatile layout with potential for office or hobby spaces, and a primary suite with a double vanity bath.

We have specific and unyielding criteria for this, which we provide to all potential borrowers in advance.

The impact of not having F/f financing is large (>10%) if the appraiser recognizes this potential issue.  

Give you a cool place to visit (and potentially write off).

., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.

If something does happen you can at least show AirBNB that you stated that there may be issues and the guests were made aware of a potential problem.  

Make the offer appealing by highlighting the short-term ROI from his renovation expertise and potential profit-sharing during the partnership.